Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IWM vs XHB: how they differ
IWM and XHB hold 1% of their weight in the same names, and IWM returned more over the year.
iShares Russell 2000 ETF and State Street(R) SPDR(R) S&P(R) Homebuilders ETF.
What they hold in common
By the books each fund has filed, IWM and XHB hold 1% of their money in the same securities at the same weight.
| Holding | IWM | XHB |
|---|---|---|
| Taylor Morrison Home Corp. | 0.21% | 2.97% |
| Meritage Homes Corp. | 0.17% | 3.53% |
| Installed Building Products, Inc. | 0.17% | 3.49% |
| Champion Homes, Inc. | 0.15% | 3.34% |
| Cavco Industries, Inc. | 0.15% | 3.23% |
| M/I Homes, Inc. | 0.13% | 2.16% |
| KB Home | 0.12% | 3.56% |
| Green Brick Partners, Inc. | 0.08% | 1.00% |
| Century Communities, Inc. | 0.06% | 1.30% |
| LGI Homes, Inc. | 0.04% | 1.19% |
| Beazer Homes USA, Inc. | 0.02% | 0.64% |
| Hovnanian Enterprises, Inc. | 0.02% | 0.65% |
| Only in IWM | Only in XHB |
|---|---|
| Moog, Inc. 0.38% | Owens Corning 4.10% |
| Hut 8 Corp. 0.37% | Advanced Drainage Systems Inc 3.60% |
| Viasat, Inc. 0.35% | Builders FirstSource Inc 3.56% |
| BrightSpring Health Services, Inc. 0.35% | Toll Brothers Inc 3.52% |
| Cytokinetics, Inc. 0.35% | PulteGroup Inc 3.44% |
| MaxLinear, Inc. 0.34% | Masco Corp 3.41% |
| Argan, Inc. 0.34% | Somnigroup International Inc 3.40% |
| UMB Financial Corp. 0.33% | Lennox International Inc 3.37% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026.
| IWM iShares Russell 2000 ETF | XHB State Street(R) SPDR(R) S&P(R) Homebuilders ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | Russell 2000 | SPDR S&P Homebuilders |
| Total return, 1 year | +21.2% | −16.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +3.7 pts | −34.1 pts |
| Expense ratio | 0.19% | 0.35% |
| Already in the S&P 500 | 0.0% | 45.7% |
| Holdings | 2014 | 35 |
IWM in plain words
IWM is an index equity fund tracking the Russell 2000. Over the year to Sep 11, 2026 it returned +21.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.19% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2014 positions, with the top ten at 3.4%. It sat 5.3% below its high of Aug 14, 2026 on Sep 11, 2026.
XHB in plain words
XHB is an index equity fund tracking the SPDR S&P Homebuilders. Over the year to Sep 11, 2026 it returned −16.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. By its holdings filed for Jun 30, 2026, 46% of the fund by weight is stocks the S&P 500 also holds, across 35 positions, with the top ten at 35.6%. It sat 20.6% below its high of Oct 18, 2024 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, IWM or XHB?
- In the year to Sep 12, 2026, with distributions reinvested, IWM returned +21.2% and XHB returned −16.6%, so IWM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IWM or XHB?
- IWM charges 0.19% a year and XHB charges 0.35%, so IWM is cheaper. Fees come from each fund's prospectus.
- How much do IWM and XHB overlap with the S&P 500?
- By their latest filed holdings, 0% of IWM and 46% of XHB by weight is stocks the S&P 500 already holds. Between the two funds, 1% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, IWM against XHB, data as of Sep 12, 2026. https://etfiq.com/compare/any/IWM-XHB Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources